Scott Horsley
Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
Horsley spent a decade on the White House beat, covering both the Trump and Obama administrations. Before that, he was a San Diego-based business reporter for NPR, covering fast food, gasoline prices, and the California electricity crunch of 2000. He also reported from the Pentagon during the early phases of the wars in Iraq and Afghanistan.
Before joining NPR in 2001, Horsley worked for NPR Member stations in San Diego and Tampa, as well as commercial radio stations in Boston and Concord, New Hampshire. Horsley began his professional career as a production assistant for NPR's Morning Edition.
Horsley earned a bachelor's degree from Harvard University and an MBA from San Diego State University. He lives in Washington, D.C.
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U.S. employers added 162,000 jobs in August, beating expectations. The news could give the Federal Reserve more leeway to raise interest rates later this month to curb stubborn inflation.
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The IRS slashed its auditing staff last year — but the move may have backfired as tax collections from enforcement efforts plummeted, an Inspector General report shows.
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A corn dog may look like lunch. But to an economist, the price is a bigger story about food prices and inflation.
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Fed Chair Kevin Warsh reiterated his commitment to fighting inflation in a major speech — raising expectations that rate hikes may be coming, though he did not clearly spell out a path going forward.
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The stakes are high as Fed Chair Kevin Warsh prepares to give a speech on Friday at the annual gathering of economists and central bankers in Jackson Hole, Wyoming.
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The price of electricity is soaring in the summer heat, when fans and air conditioners are working nonstop. In Tulsa, Okla., people are having their power cut when they can't pay their bills.
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The cost of electricity has been rising faster than inflation. Tulsa, Okla., has been baking in triple-digit temperatures. And some residents are in danger of having their power cut off.
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The U.S. federal debt hit a record $40 trillion this week. The debt has doubled since 2017, and just paying interest on the accumulated debt now costs the government more than $1 trillion a year.
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The federal debt reached $40 trillion as the government adds red ink at a rapid rate. That's leading nervous investors to demand higher interest rates — pushing up borrowing costs for everyone else.
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From inflation, to credit card debt, to who's actually doing the spending: These are key takeaways from this week in economic news.